ADVFN Logo
Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Allete Inc

Allete Inc (ALE)

64.50
-0.10
(-0.15%)
Closed December 22 4:00PM
64.35
-0.15
(-0.23%)
After Hours: 5:50PM

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Key stats and details

Current Price
64.35
Bid
-
Ask
-
Volume
1,039,325
64.45 Day's Range 64.75
55.86 52 Week Range 65.86
Market Cap
Previous Close
64.60
Open
64.45
Last Trade
271825
@
64.5
Last Trade Time
Financial Volume
$ 67,060,917
VWAP
64.5235
Average Volume (3m)
268,769
Shares Outstanding
57,818,971
Dividend Yield
4.38%
PE Ratio
15.12
Earnings Per Share (EPS)
4.27
Revenue
1.88B
Net Profit
247.1M

About Allete Inc

ALLETE Inc is a regulated electric utility company operating primarily in America's Upper Midwest region. Through its subsidiaries, ALLETE provides regulated electric, natural gas, and water services. The company's Regulated Operations division, which houses its energy generation, transmission, and ... ALLETE Inc is a regulated electric utility company operating primarily in America's Upper Midwest region. Through its subsidiaries, ALLETE provides regulated electric, natural gas, and water services. The company's Regulated Operations division, which houses its energy generation, transmission, and distribution activities, is responsible for most of ALLETE's total revenue by way of electricity sales and transmission service fees. The majority of the energy sold and distributed by ALLETE is produced by its own portfolio of coal-fired, wind, natural gas-fired, biomass, and hydroelectric power plants. Coal fuel sources, specifically, account for most of this. The company's major customers are industrial entities, such as major iron ore, wood product, and pipeline producers. Show more

Sector
Electric & Other Serv Comb
Industry
Electric & Other Serv Comb
Website
Headquarters
Duluth, Minnesota, USA
Founded
-
Allete Inc is listed in the Electric & Other Serv Comb sector of the New York Stock Exchange with ticker ALE. The last closing price for Allete was $64.60. Over the last year, Allete shares have traded in a share price range of $ 55.86 to $ 65.86.

Allete currently has 57,818,971 shares outstanding. The market capitalization of Allete is $3.74 billion. Allete has a price to earnings ratio (PE ratio) of 15.12.

ALE Latest News

ALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners

Expects transaction to close in mid-2025 ALLETE, Inc. (NYSE: ALE) announced that the Federal Energy Regulatory Commission (FERC) approved the company’s proposed transaction with Canada Pension...

NorthWestern Energy to Participate in Regional Transmission Projects

NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) is joining new high voltage transmission projects to expand Montana’s grid, meet the state’s increasing energy demand...

ALLETE Clean Energy has fully recontracted Armenia Mountain Wind

ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE), has fully contracted the output of its Armenia Mountain Wind site for another seven years through agreements with two...

ALLETE, Inc. reports third quarter 2024 earnings

ALLETE, Inc. (NYSE: ALE) today reported third quarter 2024 earnings of 78 cents per share on net income of $45.0 million. Last year’s third quarter results were $1.49 per share on net income of...

ALLETE Clean Energy Announces Sale of Wisconsin Wind Site

ALLETE Clean Energy, a wholly owned subsidiary of ALLETE, Inc. (NYSE: ALE), today announced the company has sold the Whitetail wind project in southwestern Wisconsin to Invenergy, with the intent...

ALLETE Board of Directors declares dividend on common stock

The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 70.5 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.82 per share...

Minnesota Power’s Agreement With Stakeholders on Lower Rate Increase Approved by Minnesota Public Utilities Commission

The Minnesota Public Utilities Commission (MPUC) on Thursday approved a settlement agreement on Minnesota Power’s 2024 electric rate proposal that will lower rates for all customers in early...

New Energy Equity completes development of 14 Public Storage projects in Minnesota

New Energy Equity completes development of 14 Public Storage projects in Minnesota PR Newswire ROSEVILLE, M.N., Oct. 17, 2024 ROSEVILLE, M.N., Oct. 17, 2024 /PRNewswire/ -- New Energy...

ALLETE to Announce Third Quarter Financial Results October 30

ALLETE Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Wednesday, October 30, 2024. ALLETE, Inc. is an energy company headquartered in...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.21-0.32527881040964.5664.9564.3530533964.56049315CS
4-0.05-0.077639751552864.465.1964.3531607264.73497783CS
12-0.01-0.015537600994464.3665.6763.826876964.52017582CS
261.442.2889842632362.9165.6761.5131427263.92640844CS
522.954.8045602605961.465.8655.8634652862.27824023CS
1560.560.8778805455463.7968.6147.7733224960.77220381CS
260-17.53-21.409379579981.8884.7147.7732638661.5298905CS

ALE - Frequently Asked Questions (FAQ)

What is the current Allete share price?
The current share price of Allete is $ 64.35
How many Allete shares are in issue?
Allete has 57,818,971 shares in issue
What is the market cap of Allete?
The market capitalisation of Allete is USD 3.74B
What is the 1 year trading range for Allete share price?
Allete has traded in the range of $ 55.86 to $ 65.86 during the past year
What is the PE ratio of Allete?
The price to earnings ratio of Allete is 15.12
What is the cash to sales ratio of Allete?
The cash to sales ratio of Allete is 1.99
What is the reporting currency for Allete?
Allete reports financial results in USD
What is the latest annual turnover for Allete?
The latest annual turnover of Allete is USD 1.88B
What is the latest annual profit for Allete?
The latest annual profit of Allete is USD 247.1M
What is the registered address of Allete?
The registered address for Allete is 30 WEST SUPERIOR STREET, DULUTH, MINNESOTA, 55802 2093
What is the Allete website address?
The website address for Allete is www.allete.com
Which industry sector does Allete operate in?
Allete operates in the ELECTRIC & OTHER SERV COMB sector

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
VNCEVince Holding Corp
$ 4.70
(69.06%)
1.06M
SRFMSurf Air Mobility Inc
$ 3.33
(23.79%)
376.77k
BBBlackBerry Limited
$ 3.685
(23.66%)
40.8M
ALURAllurion Technologies Inc
$ 0.3439
(22.87%)
744.34k
CLWClearWater Paper Corporation
$ 30.26
(22.46%)
3.5M
IIPRInnovative Industrial Properties Inc
$ 73.50
(-22.91%)
3.15M
KUKEKuke Music Holding Limited
$ 0.31
(-20.51%)
61.21k
NVONovo Nordisk
$ 85.00
(-17.83%)
53.78M
CANGCango Inc
$ 5.08
(-11.81%)
2.27M
BNEDBarnes and Noble Education Inc
$ 9.965
(-10.31%)
1.52M
QBTSD Wave Quantum Inc
$ 6.638
(4.21%)
124.23M
PFEPfizer Inc
$ 26.36
(2.29%)
111.08M
APOApollo Global Management Inc
$ 171.03
(0.83%)
94.47M
TAT&T Inc
$ 22.75
(0.80%)
88.77M
FFord Motor Company
$ 9.885
(1.49%)
87.61M

ALE Discussion

View Posts
Timothy Smith Timothy Smith 10 years ago
ALLETE (NYSE:ALE): Q1 EPS of $0.85 misses by $0.02.

Revenue of $320M (+7.9% Y/Y) beats by $5.1M.
👍️0
Penny Roger$ Penny Roger$ 13 years ago
~ Wednesday! $ALE ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $ALE ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=ALE&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=ALE&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=ALE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ALE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ALE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ALE
Finviz: http://finviz.com/quote.ashx?t=ALE
~ BusyStock: http://busystock.com/i.php?s=ALE&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=ALE >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
👍️0
Penny Roger$ Penny Roger$ 13 years ago
~ Wednesday! $ALE ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $ALE ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=ALE&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=ALE&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=ALE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ALE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ALE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ALE
Finviz: http://finviz.com/quote.ashx?t=ALE
~ BusyStock: http://busystock.com/i.php?s=ALE&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=ALE >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
👍️0
Penny Roger$ Penny Roger$ 13 years ago
ALLETE, Inc. (ALLETE) is an energy company. ALLETE operates in two business segments: Regulated Operations and Investments and Other. Regulated Operations includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company (SWL&P), as well as its investment in American Transmission Company LLC (ATC), a Wisconsin-based regulated utility that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota and Illinois. Investments and Other consists of BNI Coal, Ltd. (BNI Coal), the Company’s coal mining operations in North Dakota, and ALLETE Properties, LLC and its subsidiaries (ALLETE Properties), its Florida real estate investment. In July 2011, the Company incorporated new company, ALLETE Clean Energy.

http://www.google.com/finance?q=ALE
👍️0

Your Recent History

Delayed Upgrade Clock